click to show more information

click to hide/show information About your Search

20121201
20121231
Search Results 0 to 0 of about 1
be wiped out. australia got rid of their death tax. even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion dollars of revenue lost over the next ten years. where you're going to get that from? you're going to get that from programs that help lower income people or the middle class themselves. now you're talking about literally a transfer from the top .2%. not 2%. but this tax only hits the two in 1,000 most wealthy estated. .2%. and that's because of the exemptions we were talking about. currently $5 million for an individual, $10 million for a couple. this is a rare atmosphere up there. it would be a huge hit to the deficit. >> jared, it's not your money
Search Results 0 to 0 of about 1